Safe and Green Development Co. (NASDAQ:SGD – Get Free Report)’s share price shot up 18.5% during mid-day trading on Thursday . The company traded as high as $0.78 and last traded at $0.66. 2,979,364 shares changed hands during trading, an increase of 62% from the average session volume of 1,842,973 shares. The stock had previously closed at $0.56.
Safe and Green Development Stock Performance
The company’s 50 day moving average is $0.77 and its 200-day moving average is $1.16.
Safe and Green Development Company Profile
Safe and Green Development Corporation operates as a real estate development company. It focuses on building single or multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida.
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